COMM521

Town

Retail

£1,100,000

Price per sqm £12,222.22
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COMM521

Town

Retail

£1,100,000


ABOUT THIS PROPERTY

For Sale:

Nestled in the vibrant heart of Gibraltar's main square, "Casemates," this unit offers an unparalleled location surrounded by an array of restaurants, shops, bars, and cafeterias—a bustling hub where locals and tourists alike unwind and savor leisure moments.

Casemates serves as the gateway into Gibraltar's City Centre, granting retail users access to a coveted locale with exceptional foot traffic and a premium market.

With its strategic positioning, we envision this property as an excellent opportunity for diverse investment ventures.

This opportunity beckons to the discerning investor seeking a guaranteed high volume retail business location with immense potential.

Arrange a viewing today to fully appreciate the possibilities this space offers.

Internal Ground Floor: 44.68m² (approx.)

Internal 1st Level: 45.71m² (approx.)

Areas m2
Interior Size:
90m2
Exterior Size:
N/A
Amenities
Close to amenities:
Yes
Terms and Lease
Ownership:
Leasehold
Service charges:
£500 Per Annum
Rates:
£553 Per Quarter

About Town

The heart of Gibraltar, stretching North to South from Casemates to The Referendum Gates and East to West from Irish Town to Town Range.

The retail centre of Gibraltar including Main Street, Casemates and Irish Town comprising mainly of older Freehold properties and enjoying high street brands such as Marks & Spencer, Holland & Barrett, Mango, Tommy Hilfiger and others.

The area comprises of several residential developments such as Gibraltar Heights, Cornwall’s Centre,Trafalgar House and the new and exclusive Midtown Development affording luxury residential, retail

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Property Stats

Average BMI Property Sales Prices for Town

Average Price

Year

£793,000.00 2023
£1,603,000.00 2022
£549,166.67 2021
£182,000.00 2020
£941,250.00 2019
£315,000.00 2018
£46,700.00 2017
£1,050,000.00 2015
£167,500.00 2012
£75,000.00 2004
£265,000.00 2003
£149,650.00 2002

For full property stats visit our market update

Disclaimer:

These sale prices are for information purposes only and may not be relied upon as a valuation or any other purpose. BMI shall not be responsible for any losses or damages caused by or in connection with the reliance or use of the figures or market information set out on our website.

NB. Whereas we have endeavoured to maintain accuracy with all the information provided, we would point out that certain average prices listed, may be somewhat weighted given the various types of particular bedroom / property types in various developments. The information is therefore provided for guidance purposes only. For further detailed information, we would kindly ask that you contact our office.


Unit 7 Portland House, Glacis Road, Gibraltar

+350 20051010

info@bmigroup.gi